Post of an year agoo:
6/8/06 Intraday at .0164
Arete Industries Inc, (OTCBB ARET)
Arete Industries, Inc., a development stage company, is a publicly traded holding company with several subsidiaries.
Arete is in the process of doing a reverse merger with a oil and gas company. This sector is very hot right now with the sky rocketing prices of oil and gas. The company has been in a lengthy process of cleaning up it's filings and negotiating with a oil and gas merger partner. From the previous press releases, the due dillengece process on both sides of the merger should be nearing completion with June 8th being the expected date of completion. A press release from the company on their progress should be forth coming at any time. ARET could be a big winner depending on the details of the merger company.
There is an merger in the works!!!
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